Last year we reported Nikon’s plan to invest almost $2 billion in mergers and acquisitions, mainly in the medical technology industry, in order to diversify its revenue sources and on Friday the company took a big step in following through with it.

In a deal valued at $400 million, which was described as “strategically important”, Nikon will take over a retinal imaging company called Optos.

The acquisition will strengthen the company’s presence in the medical segment and reduce its exposure to the declining digital cameras market.

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